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HomeMy WebLinkAbout1997-12-08 98-45 RESOLVEDUNCIL ACTION Iterallo 98-45 Date: l2- ItaWSUbjem: RESOLVE, Appropriating State Local Road Assistance Program Foods M the Capital fund for Street Paving and Reconstruction Responsible Department: Engineering Commentary: Oa an annual basis, the City receives funds from the State of Maine for the Local Road Assistance Program. On an annual basis, these fiords approximate $200,000. We have traditionally used these funds for capital sheet projects. This year, only 50%ofthe funding was originally made available he us from the notational gas tae source. The remaining 50% was included in the State Highway Bond which appeared on the November ballot. Since this portion was rat committed to us at the time the budget was adopted, am summerlfall paving program assumed only SpaA state nothing from dsu source. With the approval of the bond question, the full amount of $203,094 is now available. The attached resolve will appropriate this amount to the Capital Ford for mad paving purposes and the additional $100,000 or so will be spent this spring to complete our paving progmm. Department Heil Mnoeger's Commm4: City Manager Associated Information: r1r,"M Budget Approval: Finance Director Legal Approval: �ICity Solicito'll/ introduced for Passage I+hst Reading low —of_ Referral Nja ht.wha 98-45 Assigned to Councilor Lean December 8, 1997 CITY OF BANGOR MTLE)6901 lt...............AM4P.!!eH Ome Local Road g Assistance Provn Fords .,..ioAT..C.amml Ford for Street Paving arta Reconstruction By the Cry Cousuil of the qty of Bomar: RESOLVED. the amount of $203,094 to be received from the State Local Road Assistance Program is hereby appropriated to the Capital Fund for imposes of street paving and recorawction. The Finance Director is amaorized to establish the appropriate revenue and expenditme accounts to implement this appropriation. IN CITY COUNCIL December 8, 1997 First Reading Referred to Finance committee ITY 8A IN CITY COUNCIL December 22, 1997 Passed F icxn LeRx 98-43 N E 5 0 L Y E Aooran[Satln¢ Slate Local Road Assistance Program Funds to the Capital Fund for Street Paving and Reconstruction �, w